> ## Content Index
> Fetch the complete content index at: https://www.theglobalbanker.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Westpac Becomes First Australian Bank Backed by CEFC Household Energy Upgrades Fund
- URL: https://www.theglobalbanker.com/westpac-first-australian-bank-cefc-household-energy-upgrades-fund/
- Published: 2024-08-18T11:00:00.000Z
- Updated: 2026-10-22T14:24:18.000Z
- Description: Westpac has launched sustainable home upgrade loans backed by the CEFC's AUD 1 billion Household Energy Upgrades Fund, the first such product in the Australian market.
- Author: TGB Editorial Team
- Tags: ESG, Asia-Pacific, #archive

Westpac has become the first bank in Australia to be supported by the Clean Energy Finance Corporation's AUD 1 billion Household Energy Upgrades Fund, launching a range of sustainable home and investment property loans that allow borrowers to finance the installation of energy-efficient and climate-resilient technology in residential properties.

#### THE CEFC FUND

The Clean Energy Finance Corporation is an Australian government-owned green bank established to facilitate investment in clean energy, energy efficiency, and low-emissions technology. Its AUD 1 billion Household Energy Upgrades Fund was designed to mobilise capital from commercial lenders by providing co-financing support, with the objective of accelerating the uptake of clean-energy upgrades in Australian homes at scale. The fund targets installations that reduce household energy consumption or improve resilience to climate-related impacts.

Westpac's loans under the programme are designed to cover items such as solar generation systems, battery storage units, electric vehicle charging infrastructure, and other energy-efficient or climate-resilient home improvements.